Property investors who have had real estate in Calamvale, 4116 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.45%
Calamvale,4116 was ranked 3025 in Australia by increase in median property value over the quarter.
Calamvale, 4116 is offering QLD ‘s 790th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
In the last year 199 properties changed hands in Calamvale, which puts it as the 66th most active market in QLD when comparing the number of sales per suburb.
Situated 17.33km from the CBD, Calamvale is one of Brisbane localities in the postcode 4116.
If you compare the increase in value of investment property in Calamvale, 4116 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.75%.
Calamvale,4116 was ranked 1262 in Australia by increase in median property value over the quarter.
Calamvale, 4116 is offering QLD ‘s 190th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
At number 620 in a list of fastest selling suburbs, Calamvale is just in the top half of suburbs in Australia with an average of days on market 71.5 for properties listed there.
Calamvale is 213th on a list of best yielding suburbs for rents in QLD with a 5.13% return
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.Full summary
Information supplied by:
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.
Transport options to the city (18km away) are convenient thanks to the Logan Motorway, regular buses and the nearby train stations.
Current demand for the area is indicated by the fact that houses typically spend just 44 days on the market, which is a much quicker turnover than many suburbs nearby.
The vacancy rate is also a tight 1.51%, according to Real Estate Investar.
This demand is already translating into capital growth, as the median price of houses has grown by 6% in the past 12 months.
Three- or four-bedroom houses on Bowerbird Pl and Fig Tree St are located on cul-de-sacs which are a sought-after part of Calamvale.
They are very close to shops, schools and public transport to the city.
They can be bought there for less than $520,000.
Top amenities: Calamvale Marketplace, Stretton College, Sunnybank Hills Shopping Centre, Sunnybank Primary, Calamvale Community College, easy access to Gateway and Logan motorways, Grand Plaza Cinemas and shopping centre, Runcorn Heights Primary
Public transport: Multiple bus routes, Altandi, & Runcorn train stations.
Main arteries: Very well established car, bus and rail transport infrastructure including the existing Logan motorway, offering ready access to both the Gateway motorway and Centenary highway. Close proximity to existing rail stations at Runcorn and Altandi.Close